Member Info for Padfoot1962

TJ

There is a pattern here of CHAR issuing RNS's that add no value to the SP, and in fact are counter productive. Yet, there is just tumbleweed blowing through the CHAR desert of communications when it comes to its PR with its long suffering PI's.

It displays (IMO) not only contempt of PI's, but utter cowardice from the BOD.

I'm afraid that I agree with you Knc. On seeing the headline of the RNS, my mind thought 'perhaps Energean have maneuvered or insisted on an independent Chairman for Char'. Clearly that was very mistaken of me.

Https://www.energean.com/about-us/the-energean-view/the-energean-view/iae-gas-remains-a-vital-energy-carrier-and-guarantor-of-energy-security-demand-is-growing/

I'm good GP, hope you're holding up in this maelstrom. I'm sure you're used to it by now.

There's no way I'm decamping from my Charity investment, and like you, at the moment I could not recover my investment to any reasonable level. Anyway, this is a serious tree shake, and completely overdone IMO. I've been expecting a T/O, and would prefer this TBH, but can't see it now happening at my ideal level of 15p break even. But, we may get an unexpected and pleasant surprise, who knows, as all of this smacks of a strong element of engineering.

C U NEXT TUESDAY

Go away you massive tool, no ones interested, you're not even invested.

For anyone who thinks that AIM is actually regulated, think again. Shenanigans, shenanigans.

Someone asked me weeks ago.what I thought the T/O price could be, and when I said that it might start at 18p+ (although it's worth far more) someone else crucified me, saying it was way too low. After the events of recent days, and the CHAR BOD's failure to protect its shareholders by issuing a stabilising RNS (intentionally), we will now be lucky to see 15p. People forget, it's all a game.

Hi Surety, hope you're good.

No I didn't attend the AGM, other priorities. I'm not quite sure of the expectations here from PI's, the AGM's are generally sanitised affairs, and/or a little (or a lot) of PR BS.

We're moving toward crunch time, and I'm confident of strong results, and a T/O.

:))) lucky you found your glasses GP

Thanks for the info. I wasn't sure where rixos came from, just assumed that it was a typo for lixus.

I believe it's a certainty, unless someone at both Energean and CHAR have made an almighty miscalculation.

The link I've just posted is dated 25th August, and is a piece on Energean.

It also mentions the following:

"But personally, CHAR feels a cheaper way to enjoy the Anchois and Rixos fields..."

Https://substack.com/app-link/post?publication_id=1859293&post_id=148071419&utm_source=post-email-title&utm_campaign=email-post-title&isFreemail=true&r=gkxrm&token=eyJ1c2VyX2lkIjoyNzg1MDczOCwicG9zdF9pZCI6MTQ4MDcxNDE5LCJpYXQiOjE3MjQ1OTkyODksImV4cCI6MTcyNzE5MTI4OSwiaXNzIjoicHViLTE4NTkyOTMiLCJzdWIiOiJwb3N0LXJlYWN0aW9uIn0.oIJNRd-2ttObtkR8mb73GINTPuzQupZ6P2TSt0t8qLU

"That is all I am going to say on this until the appraisal well results are published." HC

Best thing that you've written. Please adhere to it, and give us all a break from your nefarious intentions.

Oops I seem to be repeating myself....

Morning GP

I would like to say that my feminine side kicked in and that therefore I reserve my right to change my mind at anytime. But, what I actually said previously was the following:

"If the CHAR SP does not start a signicant upturn before Christmas, perhaps even by Sept/Oct, then I'll seriously consider my position with my holdi

If the CHAR SP does not start a signicant upturn before Christmas, perhaps even by Sept/Oct, then I'll seriously consider my position with my holding'

Hockey, that guy is not an investor. He also gets someone else to give him information, that he then posts here. He's actually clueless, and has an alternative agenda.

We will soon see if CHAR come good, we certainly deserve some pleasure after the pain of the last couple of years. The BOD have finally put some of their own funds behind CHAR, so that's a positive signal for me. I won't say what my own investment into CHAR is, but except for AP it's a lot more that many of the BOD, and I'm giving CHAR until Christmas at max to deliver some cheer for PI's.

As for that HC, me thinks 'the Lady does protest too much'.

BTW Ian, considering that HC expends so much time to post a long diatribe on this board, then you have to ask yourself 'Why?' It makes no sense to troll like this, unless he's just a total loser alone in his bedroom at his parents house, with nothing else to do but play games, watch porn, and troll.

Alternatively, he has an open and short position on CHAR . Could be either, but I doubt that it's both.

Ian, this guy does not hold any equity in CHAR, so there's nothing for him to sell. You can smell his intent miles off.

IWO, as you know, and att the best of times (and even in the senior markets, Nevermind the AIM) IWO, the market does not respond well to missed timelines, false dawns, and a BOD that is not leading by example and buying into their own words. Added to this CHAR is a pre revenue company, in a cash voracious industry. No wonder they are swerving this one. They have many other options to place their clients money, with smaller and 'safer' returns. That's not to say that they don't place side bets, but these are likely 'informed side bets' and based on volatility of a particular share price. IMO.

Even with a spate of positive news prior to now from CHAR, it actually had a negative effect on the SP, to many people's surprise. You could actually predict after a while that the SP would tank after positive news. (Maybe it's buy on the rumour, sell on the news, I don't know).

I hope that we are have now moved beyond that period of uncertainty, and that tangibles are coming in very soon.

That's why AIM can destroy your financial dreams or make them, that's why many of us are here, because we take more risks, and IMO are entrepreneurial.

Well I certainly got caught out on the latest raise, but I would still like to give the BOD the benefit of the doubt currently. Apart from this, I'm on watch to get out at a massive loss if we do not see some daylight soon. Obviously, it's only a real loss when the shares are sold, but often the hardest call is to know when to throw the towel in.

What really irks me, is when a BOD's fails to back their words and commitments up by buying their own company stock. And while eating into cash reserves from the latest raise. Directors should eat LAST, but not AIM Directors. It's all skewed in their favour.

But, there have now been commitments from some of the BOD to jump in financially, which more than hints that they believe that a corner has been turned. The fact that very little Director dealing was enacted, might tell one, that they knew the direction of travel back then, and one can decide on the veracity of their words for themselves.

I'm quietly (or not so quietly today, judging by my posts), confident that we're lining up for some big results. CHAR is in the 7's, it's simply crazy and CHAR is an undervalued company at present.

The BOD have had their rope now they need to secure something big with it.

GP, I think most of us are deeply frustrated by the previous misdirection of the BOD's on more than one occasion, with unfulfilled deadlines and targets. Of course it's very frustrating, and I've seen this with other investments, in fact outright corruption from one AIM company last year, which lost me a large investment.

The underlying value of CHAR's assets awaiting verification (never mind the drilling and getting the gas out of the ground), is massive, and we need the BOD to make the right plays. The lack of overall PI comms and engagement is often deafening, and it's usually just blind faith in the BOD's. At least that's how it appeared in the past.

In reality, although the BOD missed deadlines, and we're naughty with the fund raises, they have NOT (IMO) lied to us. One could fantasise that this minnow of a company, is fighting well above it's weight class, and that we could see a spectacular result soon. Apologies for my language in previous posts this morning. I mean well for all authentic PI's in CHAR.